Desjardins Odyssey Gold Visa
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he Desjardins Odyssey Gold Visa is a comprehensive travel rewards card tailored for those who enjoy travel benefits, extensive insurance coverage, and rewards on everyday purchases.
Welcome Offer
While specific welcome offers may vary, typically the card provides a substantial initial bonus in BONUSDOLLARS® for new cardholders.
Summary
This credit card comes with an annual fee of $110 and an additional card fee of $30. It offers a purchase rate of 19.9%, which is also the rate for cash advances. This makes it a straightforward option with consistent rates, ideal for those who want to manage their spending and access funds when needed.
Rewards
Benefits
This credit card provides access to Desjardins Odyssey Lounges at Montréal-Trudeau Airport, ensuring a comfortable and relaxing pre-flight experience. Enjoy savings on car rentals with Hertz, Thrifty, and Dollar, plus included collision insurance for added peace of mind. Benefit from Zero Liability protection against unauthorized transactions, offering security and confidence in your purchases. Additionally, the card includes extended warranty and purchase protection for items bought with it, safeguarding your investments and enhancing your shopping experience.
Insurance
- Travel Insurance: Up to $5,000,000 in emergency healthcare coverage for trips up to 60 days.
- Trip Interruption/Cancellation: Coverage for unexpected events affecting travel plans.
- Baggage Insurance: Compensation for lost, stolen, or delayed baggage.
- Car Rental Insurance: Collision/Loss damage waiver for car rentals up to 48 consecutive days.
- Purchase Protection: Coverage for loss, theft, or damage of eligible purchases.
Editor’s Review
Desjardins Odyssey Gold Visa Credit Card Review
Overview: The Desjardins Odyssey Gold Visa is a rewards and travel credit card aimed at individuals who travel frequently and desire extensive insurance coverage. While it offers decent rewards and numerous benefits, it has a few drawbacks such as no welcome bonus and a relatively high annual fee.
Key Features:
- Interest Rate: 19.90% on purchases, 19.90% on cash advances
- Annual Fee: $110
- Rewards Rate: 1% to 2% in BONUSDOLLARS depending on the spending category
Rewards Program:
- Earn 2% in BONUSDOLLARS on alternative transportation, entertainment, pre-authorized payments, and restaurant purchases
- Earn 1% in BONUSDOLLARS on all other purchases
- BONUSDOLLARS can be redeemed for travel, merchandise, financial products, and more
Fees:
- Annual Fee: $110
- Additional Card: $30 for non-members, free for members
- Foreign Transaction Fee: 2.5%
Benefits:
- Comprehensive travel insurance covering emergency medical, trip cancellation, and baggage delay
- Mobile device insurance up to $1,000
- Complimentary roadside assistance
- Discounts up to 25% on car rentals from Hertz, Thrifty, and Dollar
- Purchase protection and extended warranty coverage
- Access to Desjardins Odyssey Lounge at Montréal-Trudeau Airport
Insurance Coverage:
- Emergency Medical Insurance: Up to 60 days (15 days for those over 65)
- Trip Cancellation Insurance: Up to $2,500 per person
- Flight Delay Insurance: Up to $2,000
- Baggage Delay Insurance: Up to $500
- Lost or Stolen Baggage Insurance: Up to $1,000
- Rental Car Theft & Damage Insurance
- Travel Accident Insurance: Up to $1,000,000
Security Features:
- Zero liability for fraudulent transactions
- Desjardins Identity Protection
- Credit card lock via the Desjardins mobile app
Pros:
- Extensive travel insurance coverage
- No minimum income requirement
- Earn rewards on a variety of spending categories
- Discounts on car rentals
Cons:
- No welcome bonus
- High annual fee of $110
- 2.5% foreign transaction fee
Who is this card for? The Desjardins Odyssey Gold Visa is ideal for frequent travelers who want comprehensive travel insurance and a flexible rewards program. It is especially beneficial for those who can take advantage of the car rental discounts and extensive insurance coverage.
Comparison Table:
| Feature | Desjardins Odyssey Gold Visa | RBC Avion Visa Infinite | TD Aeroplan Visa Infinite |
|---|---|---|---|
| Annual Fee | $110 | $120 | $139 |
| Rewards Rate | 1% – 2% in BONUSDOLLARS | 1 pt / $1 | 1.5 Aeroplan pts / $1 |
| Welcome Bonus | None | Up to 55,000 pts | Up to 50,000 pts |
| Travel Insurance | Comprehensive | Comprehensive | Comprehensive |
| Foreign Transaction Fee | 2.5% | 2.5% | 2.5% |
Final Verdict: The Desjardins Odyssey Gold Visa is a solid choice for travelers who value extensive insurance coverage and flexible rewards. Its main strengths lie in its comprehensive travel insurance and car rental discounts. However, the lack of a welcome bonus and the annual fee might be a deterrent for some. Overall, it scores a 7.3 out of 10 for its well-rounded travel benefits and insurance coverage.
Disclaimer: Refer to the official credit card web page for the latest rates, terms, and conditions. Nothing in the Site constitutes professional and/or financial advice, nor does any information on the Site constitute professional and/or financial advice.
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